MENLO PARK, Calif., May 29 /PRNewswire-FirstCall/ -- Exponent, Inc. announced today that its Board of Directors has made the following new appointments:
Michael R. Gaulke has been appointed Chairman of the Board of Exponent in addition to his role as Chief Executive Officer. Mr. Gaulke joined the Company in 1992, as Executive Vice President and Chief Financial Officer. He was named President in 1993, and he was appointed to the Board of Directors in 1994. He has been the Chief Executive Officer since 1996. Additionally, Samuel H. Armacost has been appointed Lead Director of the Board. Mr. Armacost has been a member of the Company's Board of Directors since 1989.
Paul R. Johnston has been promoted to President and Chief Operating Officer, reporting to Mr. Gaulke. Dr. Johnston joined Exponent (formerly Failure Analysis Associates) in 1981, was promoted to Principal Engineer in 1987, to Vice President in 1996, and to Chief Operating Officer in 2003.
"As I reflect on our success over the past few years, one of the key factors has been Paul Johnston's management of the operations, including the attraction of two new Group Vice Presidents to the Firm to head the environmental and the health groups. As President and COO, Paul will lead our pursuit of many exciting growth opportunities while continuing to improve our operational performance," stated Michael Gaulke.
About Exponent
Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent's multidisciplinary organization of scientists, physicians, engineers, and business consultants brings together more than 90 technical disciplines to address complicated issues facing industry and government today. The firm's consultants analyze failures and accidents to determine their causes and provide answers to help prevent such problems. In addition, Exponent evaluates human health and environmental concerns to find cost-effective solutions.
Exponent may be reached at (888) 656-EXPO, info@exponent.com, or www.exponent.com.
This news release contains, and incorporates by reference, certain "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995, and the rules promulgated pursuant to the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended thereto under) that are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Such forward-looking statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. When used in this document and in the documents incorporated herein by reference, the words "anticipate," "believe," "estimate," "expect" and similar expressions, as they relate to the Company or its management, identify such forward-looking statements. Such statements reflect the current views of the Company or its management with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, the Company's actual results, performance, or achievements could differ materially from those expressed in, or implied by, any such forward- looking statements. Factors that could cause or contribute to such material differences include the possibility that the demand for our services may decline as a result of changes in general and industry specific economic conditions, the timing of engagements for our services, the effects of competitive services and pricing, the absence of backlog related to our business, our ability to attract and retain key employees, the effect of tort reform and government regulation on our business, and liabilities resulting from claims made against us. Additional risks and uncertainties are discussed in our Annual Report on Form 10-K under the heading "Risk Factors" and elsewhere in the report. The inclusion of such forward-looking information should not be regarded as a representation by the Company or any other person that the future events, plans, or expectations contemplated by the Company will be achieved. The Company undertakes no obligation to release publicly any updates or revisions to any such forward-looking statements.
Exponent, Inc.CONTACT: Brinlea Johnson, +1-415-489-2189
Web site: http://www.exponent.com//
